Senior Finance Associate – Private Credit Leverage Management
Bain Capital · Boston, MA · 2 wk ago
HybridFinance$95k–$110k/yrFull-time
Key Responsibilities
- Manage Bain Capital Credit’s leverage facilities including middle market CLO’s, asset-backed facilities, and fund level financing arrangements.
- Oversee liquidity planning across a spectrum of levered private credit funds, including Bain Capital’s BDCs, evergreen funds and SMAs.
- Liquidity Forecasting & Management
- Forecast fund-level liquidity and leverage metrics, factoring in new deal pipeline, realizations and use of financing facilities.
- Prepare borrowing / paydown requests to maintain appropriate liquidity for new deal funding and other cash needs.
- Maintain, and advise Portfolio Management team on, fund-level liquidity and leverage statistics over various time horizons and stressed scenarios.
- Leverage Facility Administration & Management
- Maintain borrowing bases and portfolio surveillance models to support liquidity and financing facility management processes.
- Optimize financing facility collateral to maximize availability and manage against facility concentration limits and eligibility criteria.
- Drive collateral reporting process with trustees and other reporting requirements with lenders for credit facilities and CLOs as required by indentures / credit agreements.
- Coordinate with lenders, trustees and Bain Operations to execute quarterly waterfall distributions for credit facilities and CLOs.
- Coordinate with rating agencies to obtain credit estimates for portfolio companies.
- Facilitate lender asset review process with Bain deal teams ahead of primary deal fundings.
- Aid in the development and implementation of processes and technology solutions to improve day-to-day efficiency and accuracy.
- 2-4 years of relevant work experience, preferably working within private credit and/or CLO’s
- Four-year college degree with a strong academic background
- Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm
- High attention to detail and a high standard for accuracy and responsiveness
- Strong problem-solving skills and solutions oriented approach
- Dedicated team player with a strong sense of ownership and follow-through skills
- Ability to decipher complex legal documents and credit agreements
- Strong Microsoft Excel skills
- Expected Annual Base Salary $95,000 – 110,000
- Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location.
- In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance.
- Bain Capital offers a competitive benefits package designed to support employees’ health, financial security, family needs, and overall well-being.
- Bain Capital is one of the world’s leading private investment firms.
- We create lasting impact for our investors, teams, businesses, and the communities in which we live.
- Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories.
- Not specified
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